"To describe what’s coming as “impossibly borked” is charitable. This is going to be an unholy mess of indiscernible media, messaging, photography, and fakery....
Today we explore a highly earned Guy's Take for Dergigi's "Bitcoin is Digital Scarcity" as well as using a core part of his framing...
"Base money is a liability of the central bank, and it’s used as a reserve asset by commercial banks. Broad money is the liability...